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India is lying, its GDP calculation is wrong: Hotmail Co-founder Sabeer
short by Pragya Swastik / on Tuesday, 8 April, 2025
Hotmail Co-founder Sabeer Bhatia said, "India is lying...Our (India's) GDP calculation is wrong." He claimed, "In India, if I give you ₹1,000...18% GST is taxed on it...and you give back ₹1,000 to me...it's counted as ₹2,000 of GDP...you've done no work, I've done no work." He added, "GDP elsewhere is computed based on...human hours of effort put in by everyone."
read more at NewsBytes